A small industrial concern used three raw materials A,B and C in its manufacturing process.The prices of the materials was as shown below :

Question

Commodity Price in Rs. in the year 1995 Price in Rs. in the year 2005 A B C 4 60 36 5 57 42 Using 1995 as the base year,calculate a simple aggregate price index for 2005. This question has multiple parts. Therefore each part has been answered as a separate question on Clay6.com